On-the-Ground Updates

Indian cashew nut processors skeptical of buying raw cashew nut

Raw Cashew Nut
Market & Price Trends
Nidhi Kumari
Published Aug 30, 2021
Most of the RCN comes from Africa (Benin, Ghana, Ivory Coast, Nigeria, Tanzania) to India. Their price range is between 1000-1200 USD depending on the outturn rate. Indians usually do not prefer buying at a higher rate than that. These days RCN rates have increased in the domestic market also, but processed cashew kernel rates are falling down, so processors are more skeptical of buying RCN at a higher rate.
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